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![Sec 80P Deduction available to Bank for Investments with Sub-Treasuries during its Business / Providing Credit Facilities to its Members: ITAT [Read Order] Sec 80P Deduction available to Bank for Investments with Sub-Treasuries during its Business / Providing Credit Facilities to its Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Income-Tax-Deduction-Taxscan-1.jpg)
Sec 80P Deduction available to Bank for Investments with Sub-Treasuries during its Business / Providing Credit Facilities to its Members: ITAT [Read Order]
The Cochin Bench of Income Tax Appellate Tribunal ( ITAT ) in the case of Income Tax Officer v. M/s. Perinthalmanna Service Co-operative Bank Ltd....


![Co-Operative Societies can claim 80P Deduction If do not have banking license from the RBI and is providing Credit facilities only to its Members: ITAT [Read Order] Co-Operative Societies can claim 80P Deduction If do not have banking license from the RBI and is providing Credit facilities only to its Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deduction-Taxscan.jpg)
![Co-Operative Society providing Credit Facilities can Claim benefit of Section 80P If It has dealings with other Non-Members: ITAT [Read Order] Co-Operative Society providing Credit Facilities can Claim benefit of Section 80P If It has dealings with other Non-Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Money-Laundering-Taxscan.jpg)